Replies to post #768104 on Fannie Mae-No Politics (FNMA)

[Rodney5]

Why would this lead to panic selling of Fannie and Freddie MBS, which would trigger a severe crisis in the U.S. mortgage market?? In a receivership the companies business is not dissolved only thing taking place is ownership transfer to the Treasury.

As we speak the value of the LP is greater than the entire business operation of Fannie and Freddie, in essence the Treasury owns the companies now.

[sortman]

Yes 50% plus 1 need to vote yes which means the large funds control.